City
Epaper

Russian gas supplies to China soar by 60 pc in 2022

By ANI | Updated: May 4, 2022 06:15 IST

Amid the ongoing war in Ukraine, Russia's gas supplies to China have soared by as much as 60 per cent in the first four months of 2022 compared to the same period last year.

Open in App

Amid the ongoing war in Ukraine, Russia's gas supplies to China have soared by as much as 60 per cent in the first four months of 2022 compared to the same period last year.

Russian energy giant Gazprom announced the significant rise in exports on Sunday, even as energy exports to Europe remain uncertain in light of the ongoing hostilities, and the tightening sanctions on Russia by the West.

The deliveries have been made through the Power of Siberia pipeline as part of the contract between Gazprom and China National Petroleum Corporation (CNPC), the company said, reported Russia Today.

Beijing has refrained from outrightly condemning the Russian invasion of Ukraine, only urging for a diplomatic solution instead.

The energy standoff between Russia and the West has led to gas supplies to countries outside the former Soviet Union dropping by 26.9 per cent since the start of the year, the report said, adding that, a total of 50.1 billion cubic meters have been delivered over the past four months.

Further, Russian President Vladimir Putin had earlier ordered gas payments from "unfriendly countries," which include the European Union (EU), to be made in rubles from March 31.

The EU initially rejected Moscow's new rules, calling them "blackmail," but the European Commission recently said there could be ways to pay for Russian gas in rubles without violating the sanctions.

Some countries, however, have still refused to switch to rubles, causing Gazprom to cut off gas supplies to Poland and Bulgaria in late April, the report said.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: unionbeijingVladimir PutinGazpromAramco oil pipelines coChina national petroleum corporationVladimir vladimirovich putin
Open in App

Related Stories

InternationalPM Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin Seen Interacting at SCO Summit 2025 in China

OpinionsTread Carefully… There are Great Betrayals Along This Route!

InternationalBeijing Rains: 44 Dead and 9 Missing Due to Torrential Rainfall in China

NationalVladimir Putin Accepts PM Modi’s Invitation To Visit India Preparations Underway, Says Russian FM Sergey Lavrov

InternationalDonald Trump, Russian President Vladimir Putin Speak Over Phone, Discuss Ending War in Ukraine: Report

International Realted Stories

InternationalOver nine million people in Afghanistan face acute food insecurity: UN

InternationalFrom Xinjiang to South China Sea, China's actions spark global concern

InternationalGeneva: Baloch journalist exposes Pakistan's brutality: disappearances, censorship, daily attacks

InternationalProtests sweep PoJK as march towards Muzaffarabad intensifies on fifth day

InternationalRussia-Iran comprehensive partnership treaty comes into force